Facebook warns its investors that its Libra stablecoin may never be released. Facebook has warned its investors that its Libra stablecoin may never be released, CNBC reports on July 29. Engaging with regulator “critical to Libra’s success” Facebook told its investors in its latest quarterly report that — while the firm expects to launch Libra […]
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sponsored A tracker that delivers the latest crypto prices in visual form has unveiled new features to help its users keep on top of market movements. A website that delivers live cryptocurrency prices and market capitalizations in visual form has unveiled a suite of updates and new features. Coin360 displays the latest market movements for […]
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In a bid to drive greater financial inclusion, Philippines-based UnionBank has launched a payments-focused stablecoin pegged to the Philippine peso. In a bid to drive greater financial inclusion, Philippines-based UnionBank has launched a payments-focused stablecoin pegged to the Philippine peso. A report from PhilStar Global on July 26 revealed that the new, bank-backed cryptocurrency — […]
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CEO Adam Back explained users now have more options as a new update provides support for stablecoin Tether. Bitcoin (BTC) users can now take advantage of the Lightning Network while sending coins on Blockstream’s Liquid sidechain. Bitcoin’s Lightning Network designed to work across multiple chains Following the debut of support for stablecoin Tether (USDT) on […]
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Smart Valor debuts with two cryptocurrencies and four fiat currencies, with further expansion planned. Swiss integrated cryptocurrency exchange Smart Valor has launched trading of four fiat currencies with Bitcoin (BTC) and Ether (ETH). Switzerland sees another crypto first As a blog post issued July 30 confirmed, Smart Valor, which combines exchange with custody and brokerage […]
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The chief of the SEC Division of Enforcement’s Cyber Unit has resigned, after around two years of leading investigations involving crypto and cyber security. The chief of the United States Securities and Exchange Commission (SEC) Division of Enforcement’s Cyber Unit, Robert A. Cohen, has stepped down from his role at the commission. According to an […]
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Singapore’s proposal to exempt crypto from a goods and services tax would benefit crypto-related businesses, says PwC corporate tax expert. Singapore’s plans to exempt certain digital currencies from the Goods and Services Tax (GST) would benefit cryptocurrency-related businesses, according to a partner in PwC Hong Kong’s corporate tax practice. As reported by Hong Kong’s English […]
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The U.S. CFTC has rehired a former employee who recently worked at the cryptocurrency exchange Coinbase. The United States Commodity Futures Trading Commission (CFTC) has announced that it is hiring Andrew L. Ridenour as senior counsel to the chairman. Up until recently, Ridenour worked at the major cryptocurrency exchange Coinbase. CFTC Chairman Tarbert unveiled Ridenour […]
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Affiliate of private investment bank US Capital Global, US Capital Global Securities, offers $10 million in a cryptocurrency fund. US Capital Global Securities (USCGS), offers investors a $10 million equities investment in a tokenized fund, reveals a press release published on July 29. USCGS is a Financial Industry Regulatory Authority (FINRA)-regulated affiliate of private investment […]
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Judge rules to extend the preliminary injunction in the ongoing case of crypto exchange Bitfinex and Tether’s parent company, iFinex, against NYAG Letitia James. Justice Joel M. Cohen of the New York Supreme Court (NYSC) has ruled to extend the preliminary injunction in the ongoing case of crypto exchange Bitfinex and Tether’s parent company, iFinex, […]
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